Morocco’s benchmark equity gauge ended lower on Thursday, as declines in utilities, banking and mining shares offset gains in construction and beverages, with the Moroccan All Shares index down 0.40% at the Casablanca Stock Exchange.
Decliners outnumbered advancers by a narrow margin, with 30 stocks falling compared with 29 rising and seven unchanged. The index’s retreat came as energy-linked sectors lagged, while industrial and consumer staples names provided limited support.
Among the top gainers, Ste de Travaux de Realisation d'Ouvrages et de Construction Industrielle SA led with a 9.97% rise to 202.35, followed by M2M Group’s 5.20% advance to 421.85. Societe des Boissons du Maroc SA added 3.19% to close at 2,135.00. On the downside, LafargeHolcim Maroc fell 2.38% to 1,766.00, S2M declined 2.26% to 502.30, and Nationale d'Electrolyse et de Petrochimie Ste SA dropped 1.91% to 357.05.
Commodities showed mixed signals as October crude oil futures rose 0.04% to $82.26 per barrel, while December gold futures fell 0.16% to $4,646.01 per troy ounce. Brent crude for November delivery gained 0.31% to $87.21. The euro slipped 0.05% against the Moroccan dirham to 10.76, while the dollar held steady at 9.26 dirhams.
